Guest Commentary – Fantasy Candidate Part 4

Tonight we delve back into the fantasy candidate series from Jon Smith. For those who read Jon’s site as well as this one, he has already posted this article there. However, there are quite a few of you here that do not regularly frequent Jon’s site, so I wanted to make sure that this gets seen by all of you as well. Tonight we delve into the positions that Jon’s fantasy candidate would take on existing legislation that we should be working to repeal. I have tried to think about everything on the list and I don’t see any of these that would be bad to repeal. But I do absolutely agree with Jon that on many of them we would have to take a slow approach that allows the pain from elimination to be minimal. I think that this part of the series will perhaps be the one that has the most constructive discussion around it. I will be interested in seeing what areas you think he missed, or what areas that he hit that you disagree with. I know that some of them seem to be simply “anti-Democrat” positions, such as health care, but if you are against repealing it, please explain why. I will do my best to be involved in the discussion on this article over the next few days as well.
Jon Offers Legislation that Needs to Go Away

Tax Day Special… The False Hope of Code Changing

Like many Americans, I approach Tax day each year a little more annoyed than the year before. I have done my own taxes for many years. And once I was married, I took over preparing taxes for two. It is not a new concept for me. I feel like I have a simplistic grasp on the process, although I would never come close to qualifying as an expert. What I find is that each year it becomes more complicated than the year before. New tax codes, special breaks, and searching for documentation for every nickel you might have earned over the last year all come together to create a headache for anyone sitting at their computer attempting to figure it all out. I find this fact troubling for one specific reason…. I am a pretty smart guy. I don’t want to toot my horn too loudly. But I have managed to keep a 4.0 GPA through all my degrees, I have an IQ that qualifies me for special groups, I have a tremendous memory, and I generally can figure out just about anything I want to figure out. So why is it that what should be the simple act of filing my taxes is enough to make me feel like I am back in “Quantitative Application of Statistical Theory” again?
The Myth of Taxation Made Simple